Listed price in listed location currency (USD).
$1,850,000

000

MLS® 2317364

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $613
Days Active 1
Lot Size 2 Acres
Approx. Age 1966
MLS® Number 2317364

Property Address: 408 Nw 8th St, Cedaredge, CO, 81413-3922

Average square foot calculated using Size range provided by listing agent.

Description

Great investment opportunity with this 12-Unit mobile home park. All units are park/Seller owned and 100% leased. Over the last 24+- months the 9 units and grounds were renovated. In 2026 three brand new units were added on vacant lots. $600, 000 was recently invested in the renovations and in adding the new units. (original dates/ages of 9 units range from 1966-1983, albeit renovated and modernized). The in-place gross revenue of $215, 000 and net operating income (NOI) of $159, 000 generates an 8.6% CAP Rate. Nestled at the foot of Colorado’s Grand Mesa, Cedaredge is a charming mountain town where small-town hospitality meets breathtaking natural beauty. With its sweeping views, mild four-season climate, and rich agricultural heritage, Cedaredge offers a slower pace of life surrounded by orchards, vineyards, and scenic trails. However, it’s close to the employment centers of Grand Junction, Delta and Montrose. Listing agent is brother-in-law of Seller. Don’t miss this awesome stable investment Opp, call or email now to tour the property!
MLS® Number2317364
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1966
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 15, 2026List Date
$1,850,000List Price
  • Commute

Commute

Starting Address
Destination Address
408 Nw 8Th St, Cedaredge, CO

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